Romania’s ELCEN Price Hikes Likely Below Claim – FinMin

Romania’s energy watchdog might approve an energy price hike below the unacceptable 15% increase asked by the country’s power producer Electrocentrale Bucuresti (ELCEN), part of domestic state-owned power distributor Termoelectrica, Romanian Economy Minister Varujan Vosganian said .“We received Electrocentrale’s request, but the watchdog has already suggested that price hike is not acceptable and will look into lower price increases,” Vosganian said . In November, Electrocentrale ...

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